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Avenir Registrars Launches PISCES-Ready Registry Solutions - Register-Lite Product To Meet The Needs Of Fast Growth Companies

Date 17/06/2025

Avenir Registrars (www.avenir-registrars.co.uk), the next-generation securities registrar, has this morning announced the release of its Register-lite suite of products. Designed to accommodate the needs of growth companies, including those who may be considering listing under the proposed PISCES framework, the flexible structure offers a CSD-compatible securities register where the functionality can be tailored to meet the company’s needs as they grow.

Hardeep Tamana, Managing Director of Avenir Registrars, commented:

“Technology has always been at the heart of the Avenir proposition. By tailoring our existing suite of registry products, we have launched Register-lite to deliver a right-sized solution, allowing growth companies to manage their shareholder register - or cap table – in a way that is both functional and future-proof. Unlike other products on the market, Register-lite is fully compatible with a CSD, enabling companies to migrate seamlessly to more formal market structures as they grow.”

With more companies staying private for longer, PISCES offers a once in a generation opportunity to reinvigorate London as a capital market. Founders and early stage investors will benefit from a verifiable market price for their investments, as well as having the ability to liquidate holdings or raise fresh capital. 

Jai Baker, Head of Business Development at Avenir Registrars, added:

“With the PISCES project now coming to fruition, we taking action to bridge some of the gaps that exist in the infrastructure that will be required to support those businesses who may be considering the framework at some point in time. Our flexible and modular registry services offer issuers a right sized solution that can grow to meet their needs, significantly reducing future administrative burdens.” 

The accurate recording of shareholder names and any subsequent transfer of ownership is a vital role that needs to be undertaken by any UK business to ensure compliance with the Companies Act. A Central Securities Depositary (CSD) plays a critical role in managing this process, especially as transactions in a company’s security grow in volume. Ensuring cap tables or registers can seamlessly integrate with a CSD can prove instrumental in supporting the growth of a business.